International Trade Theory
YEAR TWO SEMESTER TWO
COURSE TITLE: INTERNATIONAL
COURSE CODE: EC
HOURS TAUGHT: 3
hrs per week
PURPOSE OF COURSE
course is an introduction to international trade and trade policy. It covers
the basic theories of comparative advantage, factor endowment and trade
patterns, economies of scale and imperfect competition, and reviews different
arguments for restrictive trade policies and their partial and general
EXPECTED LEARNING OUTCOMES
By the end of the course unit,
students should be able to:
- Explain the basic facts
of international trade theory and the usage of the corresponding models to
the analysis of international trade policies.
- Discuss the effective assess the possible
gains from trading internationally.
- To enable students
comprehend and be able to use the various payment instruments available in
- Describe the comprehend
and work within the various international trade agreements, politics, and
institutions that regulate international trade today.
- Assess the possible
gains from international trade.
- Assess the various
international trade agreement, politics and instruments that regulate
international trade theory.